Small Cap Breaking News: Don’t Miss Today’s Top Headlines 07/23/2026

Small Cap Breaking News You Can't Miss!Here's a quick rundown of the latest updates from standout small-cap companies making big moves today:Element 29 Resources Inc. (TSXV: ECU) (OTCQB: EMTRF) (BVL: ECU)Drill hole ELID035 at the Elida copper-molybdenum-silver porphyry in Peru returned 1,534.6 metres grading 0.58% copper-equivalent, the company's longest continuous intercept to date and extending mineralization more than 1,000 metres beyond the current resource. With two rigs active and about 4,885 metres drilled of a planned 10,000-metre program, the results reinforce the scale and depth of the system. For investors, the hit signals meaningful room for future resource expansion at one of Peru's larger undeveloped copper deposits.Canada Nickel Company Inc. (TSX-V: CNC) (OTCQB: CNIKF)Canada Nickel delivered an initial mineral resource at its Nesbitt project and a 46% increase in indicated resources at Deloro, completing its ninth deposit across the Timmins Nickel District. The district now hosts 4.36 billion tonnes of measured and indicated resources at 0.24% nickel, containing over 10 million tonnes of contained nickel. The milestone underscores the district-scale potential of the Ontario nickel portfolio as the company works toward a preliminary economic assessment.Aclara Resources Inc. (TSX: ARA)Aclara was selected by the U.S. Department of Energy for federal funding under its Genesis Mission initiative to apply artificial intelligence to heavy rare earth separation. The Phase I project, run with Argonne National Laboratory and Virginia Tech, aims to optimize domestic rare earth processing, with successful projects eligible to advance to Phase II for additional funding. The award validates Aclara's strategy of building a secure rare earth supply chain across the Americas and ties it to a national critical-minerals priority.Fitzroy Minerals Inc. (TSXV: FTZ) (OTCQX: FTZFF) (FSE: C3Y)Fitzroy intersected 111.9 metres at 0.97% copper from 21.1 metres, including 18.0 metres at 1.59% copper, at its Buen Retiro project in Chile. The company has four rigs turning and aims to complete the drill-out of the newly named Tenorita area in August to support a planned pre-feasibility study and targeted production in early 2028. The wide, shallow copper hits strengthen the case for a low-strip, near-surface open-pit operation.Kirkland Lake Discoveries Corp. (TSXV: KLDC) (OTCQB: KLKLF)Kirkland Lake Discoveries expanded its Mirado gold system with 18.99 g/t gold over 6.7 metres and a broad 0.50 g/t gold over 91.0 metres, while extending the North Zone by about 85 metres. A first regional hole 500 metres west at the MZ Zone hit intense alteration and sulphides, suggesting the mineralized corridor may reach beyond the historical deposit. With a regional drill permit secured and 16 holes awaiting assays, the company has multiple near-term catalysts across its KL South property.Troilus Mining Corp. (TSX: TLG) (OTCQX: CHXMF) (FSE: CM5)Troilus drilled 1.10 g/t gold-equivalent over 103 metres, including 2.10 g/t over 34 metres, from inferred material within the Z87 reserve pit at its Quebec project. The optimization program is converting previously unsampled or waste-classified rock into potential ore, which management expects to improve early-year mill feed and lower strip ratios. The results support ongoing efforts to strengthen the mine plan for the feasibility-stage former Troilus mine.Scorpio Gold Corporation (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9)Scorpio Gold closed an upsized public offering for gross proceeds of $10.8 million, issuing 43.2 million shares at $0.25 each. Atlas Salt Inc. (TSXV: SALT) (OTCQX: SALQF) (FSE: 9D00)Atlas Salt received a non-binding letter of interest from Export Development Canada for up to C$150 million in long-term debt for its Great Atlantic Salt Project in Newfoundland.